Make your money go further for just 25p per day

PREMIUM

Coronavirus impact: Looking beyond Shell’s dividend cut

01/05/2020 · HSBC Holdings (HSBA)  · IG Group (IGG)  · Pearson (PSON)  · Shell (SHEL)  · WPP (WPP) 

Coronavirus Dividends FTSE 100 FTSE 250 UK

Investor's Champion Income Boosters portfolio logo

Shell is battling a coronavirus-related slump in demand that's seen Brent crude prices fall from $68 to just $25 per barrel so far this year and has decided to trim its payout by two thirds to $0.16 as a result. While this is a blow to our Income Boosters Portfolio, we feel the best approach at this time is to remain patient and position portfolios for a return to more normal conditions.


Royal Dutch Shell (LON: RDSB) is battling a coronavirus-related slump in demand that's seen Brent crude prices fall from $68 to just $25 per barrel so far this year. The firm says that maintaining the current payout is "not prudent" given the risk of "a prolonged period of economic uncertainty, weaker commodity prices, higher volatility and uncertain demand outlook".

We're disappointed by the impact this will have on investor income in the near term, given…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on HSBC Holdings

Income Boosters: Market-beating yield, but it’s been a struggle

13/10/2020 · Portfolio

Our Income Boosters Portfolio has struggled this year in the face of an unprecedented number of…


Income Boosters: Dishing out delayed dividends

07/08/2020 · Portfolio

Five of the companies in our dividend portfolio have reported half-year earnings. All but one of…


More on IG Group

Income Boosters: dividend progress and a new stock

16/02/2024 · Portfolio

Updates from our high-yielding Income Boosters Portfolio so far this year have been broadly positive, but…


Income Boosters: dividend payouts remain stable

31/07/2023 · Portfolio

Recent results from our dividend stocks show stable payouts, despite more difficult trading conditions for some…


More on Pearson

Income Boosters - Sept ‘22 portfolio update

17/10/2022 · Portfolio

The companies in our Income Boosters portfolio are chosen for their boring reliability and plenty of…


Income Boosters: 10% dividend yield potential

09/08/2022 · Portfolio

Reassuring updates from two of our income picks suggest that both are likely to deliver strong…


More on Shell

Episode 13 of the Investor’s Champion Podcast

14/04/2024 · Podcasts

In this week's episode of the Investor’s Champion Podcast. We hear Chris and Lee run through…


Income Boosters: portfolio change brings 8% yield

10/06/2022 · Portfolio

We’re replacing two of this year’s biggest risers with two new stocks that provide a step…


More on WPP

Income Boosters: gaining confidence

08/03/2024 · Portfolio

Six of our Income Booster high yield stocks have delivered results in recent weeks. In this…


Income Boosters: October ‘23 portfolio update

06/10/2023 · Portfolio

A new addition has helped to lift our high yielding Income Boosters portfolio's forecast dividend yield to…


More Portfolio

Up to 10% yield from our dividend stocks

15/04/2024 · Kingfisher · M&G · Phoenix · Tesco

Income Boosters: April ‘24 portfolio update

Is AI is going to eat software?

02/04/2024 · Synopsys

Sign-up to our free email updates

SIGN UP